EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Friday, January 27, 2023
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

EDITIONS:

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

PM Anwar claims that the increase of electricity tariff is primarily for MNCs and not for local customers

by moneycompass
December 14, 2022
in Current News, Headline
Share on FacebookShare on WhatsApp

Kuala Lumpur, December 14 (Bernama) – The planned hike in the power rate would not affect domestic consumers, including home users and small and medium-sized organisations (SMEs).

The rise of power tariff however, according to the Prime Minister, Datuk Seri Anwar Ibrahim, will solely harm international corporations (MNCs).

“We addressed the cost of living issue based on the National Action Council on Cost of Living report and we concluded that early ideas to increase the power price would not be sustained since it will burden the people.

“Although we accept that if nothing is done, the cost to the country’s finances is rather substantial, exceeding RM30 billion each year,” he said during a press conference this afternoon, which was live-streamed on his official Facebook page.

He also mentioned that Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad will announce further the information with regard to this issue.

 

 

Tags: AnwarElectricity TariffMNCSME
ShareSendShareSendTweetShare
Previous Post

Reliable and efficient energy is crucial to economic recovery

Next Post

Infermedica Celebrates Record Year, Accelerating Momentum Into 2023

Related Posts

The ASEAN Finance Innovation Summit
Headline

ASEAN Finance Innovation Summit

19 Jan 2023
Avanade
Current News

Avanade recognised as a Top Employer 2023 in Malaysia and Singapore

17 Jan 2023
FedEx, Managing Director of FedEx Express Malaysia, Tien Long woon
Corporate News

FedEx Express Appoints Tien-Long Woon as New Managing Director in Malaysia

17 Jan 2023

Discussion about this post

MOST POPULAR

  • The 12th International Conference on Financial Crime and Terrorism Financing (IFCTF) 2022 saw Bank Negara Malaysia's (BNM) governor talk about the ringgit's status.

    Malaysian ringgit ranked as cheapest currency in region

    0 shares
    Share 0 Tweet 0
  • Malaysia’s future growth plans in ASEAN’s digital economy – MGBF

    0 shares
    Share 0 Tweet 0
  • How to Start Trading on the Malaysian Stock Market

    5 shares
    Share 5 Tweet 0
  • Kenanga Research foresees slow 5G adoption

    0 shares
    Share 0 Tweet 0
  • FORTUNE RELEASES ANNUAL FORTUNE GLOBAL 500 LIST

    0 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER